First Majestic Silver Corporation (AG) posted a 1.65% change over the last five days signaling a new trend

First Majestic Silver Corporation (NYSE: AG) kicked off on Friday, down -2.46% from the previous trading day, before settling in for the closing price of $5.68. Over the past 52 weeks, AG has traded in a range of $4.17-$8.44.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 16.05%. While this was happening, its average annual earnings per share was recorded -87.32%. With a float of $296.78 million, this company’s outstanding shares have now reached $301.72 million.

Considering the fact that the conglomerate employs 3746 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.61%, operating margin of -6.62%, and the pretax margin is -9.39%.

First Majestic Silver Corporation (AG) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Silver Industry. The insider ownership of First Majestic Silver Corporation is 1.68%, while institutional ownership is 36.84%.

First Majestic Silver Corporation (AG) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -87.32% per share during the next fiscal year.

First Majestic Silver Corporation (NYSE: AG) Trading Performance Indicators

Take a look at First Majestic Silver Corporation’s (AG) current performance indicators. Last quarter, stock had a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.26 in one year’s time.

Technical Analysis of First Majestic Silver Corporation (AG)

Compared to the last year’s volume of 8.46 million, its volume of 8.38 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.59%. Additionally, its Average True Range was 0.27.

During the past 100 days, First Majestic Silver Corporation’s (AG) raw stochastic average was set at 27.42%, which indicates a significant increase from 9.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.26% in the past 14 days, which was lower than the 57.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.51, while its 200-day Moving Average is $6.35. Nevertheless, the first resistance level for the watch stands at $5.61 in the near term. At $5.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.75. If the price goes on to break the first support level at $5.47, it is likely to go to the next support level at $5.39. Now, if the price goes above the second support level, the third support stands at $5.33.

First Majestic Silver Corporation (NYSE: AG) Key Stats

The company with the Market Capitalisation of 1.67 billion has total of 301,764K Shares Outstanding. Its annual sales at the moment are 573,800 K in contrast with the sum of -135,110 K annual income. Company’s last quarter sales were recorded 146,090 K and last quarter income was -26,590 K.